1 Acre in Idaho – Near the Lakes in Kootenai County

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    N/A
  • State
    Idaho
  • County
    Kootenai
  • City
    Harrison
  • GPS
    Latitude = 47.375554 // Longitude = -116.702343
  • Curent Zoning
    Residential
  • General Elevation
    2760
  • Taxes
    $Fully Paid and up to date - So NO delinquent taxes. Next tax bill will be calculated and sent out in November 2022
  • Conveyance
    Seller only one on title
  • Sewer
    None. To obtain a permit for installing a sewer - would complete an online application via Panhandle Health (*an organisation) and get a site evaluation.
  • Parcel Size (in acres)
    1.00
  • Zip
    83833
  • Title Info
    Sole ownership
  • Access
    On East Holiday Road
  • Terrain
    Flat and mostly clear of trees
  • HOA Fees
    None
  • Power
    Available at the road, via Kootenai Electric (*local electric company)
  • Water
    No water right now at the property. Would obtain it through creation of a well. Idaho Department of Water Resources handles that.
  • Phone
    None

Transaction Details

Total Transaction Purchase Price (including closing costs): $Total = 62,000 -- Based on 60,000 (Acq) PLUS 2,000 (Est. closing costs)
Anticipated Sale Price: $110000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 90 Days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50-50%
Anticipated Budget: $110,000 - 62,000 = 48,000 >> With 50-50 Split, You Earn 24,000

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